Shein announced Wednesday that it has entered a multi-year agreement with The Or Foundation to launch a fund for fulfilling its social and ecological responsibilities as a major global online fashion retailer. The Or Foundation is a global non-profit organization at the intersection of environmental justice, education, and fashion development. Shein plans to invest $50 million in the fund over the next five years to help advance the design and implementation of ecological and social sustainability strategies focused on clothing, according to the company’s statement. With a market cap of $100 billion, the e-commerce upstart has faced its fair share of controversy in relation to the environmental impact associated with fast fashion. [Shein]